[178 Pages Report] The fire resistant glass market generated revenue of USD 3.56 Billion in 2015, and is projected to register a CAGR of 12.9% between 2016 and 2021. The market size was 9.57 Million square meters in 2015, and is projected to register a CAGR of 10.5% during the forecast period. In this study, 2015 has been considered as the base year and 2021 as the forecast year for estimating the market size of fire resistant glass between 2016 and 2021.

The objectives of the study are:

To define and segment the global fire resistant glass market by type, application, and region

To estimate and forecast the market by type, and application at country-level in different regions, namely, North America, Asia-Pacific, Western Europe, Central & Eastern Europe, South America, and the Middle East & Africa

To estimate and forecast the market size of fire resistant glass, in terms of value (USD million), and volume (million square meter), at global and regional levels and in terms of value (USD million), and volume (thousand square meter), at country-level

To strategically identify and profile the key market players and analyze their core competencies in each type and application of the fire resistant glass market

Different secondary sources such as company websites, encyclopedia, directories, and database have been used to identify and collect information useful for this extensive commercial study of the global fire resistant glass market. The primary sources, including experts from related industries, have been interviewed to verify and collect critical information and assess the future prospects of the market. Top-down approach has been implemented to validate the market size in terms of value. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.

The fire resistant glass market has a diversified and established ecosystem of its upstream players such as the raw material suppliers, including DuPont (U.S.), DOW Corning (U.S.), AkzoNobel N.V. (Netherlands), and Solvay S.A. (Belgium). The fire resistant glass market also includes manufacturers such as Compagnie De Saint-Gobain (France), SCHOTT AG (Germany), NSG Pilkington (Japan), Asahi Glass Co. Ltd. (Japan), Pyroguard (U.K.), among others. The products manufactured by these companies are used in the building & construction, marine, transportation, and oil refinery industries according to the government regulations governed by various bodies such as European Union (EU), British (Building) Standards, National Fire Protection Agency (NFPA), and International Building Codes (IBC).

This study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing efforts, and investments and competitive landscape of the market.

Scope of the Report:

This research report categorizes the fire resistant glass market based on type, application, and region, and forecasts revenue growth and analysis of trends in each of the submarkets.

Based on Type:

Wired

Ceramic

Laminated

Tempered

Each type is further described in detail in the report with value forecasts until 2021.

Based on Application:

Building & Construction

Marine

Others

Each application segment is further described in detail in the report with value forecasts until 2021.

Based on Region:

Western Europe

Central & Eastern Europe

North America

Asia-Pacific

Latin America

Middle East & Africa

Others

Each region is further segmented by key countries such as the U.S., Mexico, Canada, China, Japan, South Korea, India, Indonesia, Australia, New Zealand, Germany, the U.K., Italy, France, Spain, Turkey, Russia, the Middle East & Africa, Argentina, and Brazil.

Available Customizations: The following customization options are available in the report:

Company Information

Analysis and profiling of additional global as well as regional market players (up to three)

The market size of fire resistant glass is projected to reach USD 7.36 Billion by 2021, at a CAGR of 12.9%. The market is estimated to be 17.43 Million square meters by 2021, at a CAGR of 10.5% between 2016 and 2021. The growing manufacturing industries, increasing demand for ceramic and laminated glasses in Western Europe and Asia-Pacific, and continuous new product launch/development, agreement/collaboration, expansion, and merger & acquisition activities undertaken by companies are the key factors driving the global fire resistant glass market.

Ceramic glasses are projected to register the fastest growth in comparison to other types of fire resistant glass, followed by laminated glass in the global fire resistant glass market. The demand for ceramic fire resistant glasses is mainly driven by their ability to provide aesthetic appeal to the end products at lower prices and resistance to thermal shock during firefighting, in comparison to the laminated glasses.

Building & construction is the fastest-growing application segment in the global fire resistant market. These glasses are largely used in building & construction industry to prevent the spread of flames and smokes and block the transfer of radiant and conductive heat. The increasing building safety codes and fire safety regulations in major markets along with increasing demand for passive fire protection are driving the market for fire resistant glasses in this segment.

Western Europe was the largest market for fire resistant glass, in terms of value and volume, in 2015. Rising investments by foreign companies; growing production facilities; strong industrial base for the construction, marine, and automotive sectors; and rise in standard of living are the major factors contributing to the growth of the fire resistant glass market in this region. The stringent norms for use of these glasses in schools and healthcare facilities are also driving the demand for fire resistant glass in the region.

Although the fire resistant glass market is gaining importance rapidly, few factors restrain its growth in the global passive fire safety market. Volatility in fire resistant glass raw material prices, stringent competition among regional players, and capital-intensiveness restrict the production and commercialization of these glasses.

Companies such as Compagnie De Saint-Gobain (France), SCHOTT AG (Germany), NSG Pilkington (Japan), Pyroguard (U.S.), and Asahi Glass Co. Ltd. (Japan) dominate the market. Diverse product portfolio, strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements are some of the factors that strengthen the position of these companies in the fire resistant glass market. They have been adopting various organic and inorganic growth strategies to enhance the current market scenario of fire resistant glass.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst